Digital bond
Siemens, corporate treasury, on Polygon since February 2023.
CHAIN CAVEAT: Siemens' own release says only 'public blockchain' and does not name Polygon; the Polygon attribution comes from trade press. Investors DekaBank, DZ Bank and Union Investment; registrar Hauck Aufhäuser Lampe; cash leg settled conventionally. Siemens' larger 2024 follow-up issuance moved to SWIAT, a private permissioned chain, so this is a step away from public rails, not toward them.
In the record
42
months from first observation to the record's assessment of August 2026
7
corporate treasury rows in the record, this one included
7
rows filed to Polygon by their sources
What it bears on
R3Do we know what this instrument is, legally, in every venue we operate?
needs design
ETH is a digital commodity in the United States and stablecoin law is in force. Market-structure legislation stalled, and jurisdictions are diverging.
R6Who is the counterparty when there is no counterparty?
needs design
An ownerless system meeting procurement built for vendors. Six organisations can take your first call, and our own unincorporated status is part of this problem, not outside it.